Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 5.1 to 3.3.
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Busy address KBO
43 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
WE Environnement from Liège, company number BE0426516918, closed financial year 2025 with a result of € 11.5 million after tax. For that financial year WE Environnement recorded a gross margin of € -505,635 and equity of € 157.4 million. Compared with financial year 2024, the result moved from € 5.7 million to € 11.5 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 25, 2026.
€ 157.4 million
▲ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11.5 million
▲ 103% vs 2024
Profit after tax over the fiscal year.
€ 27 million
▲ 59% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 6.9 million paid out
60 % of the profit went to the shareholders, mostly to Wallonie Entreprendre (80 % of the shares). That is where the money ends up.
People and assets in 2025
3.3
▼ 1.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 610,736
▼ 25% vs 2024
€ 185,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 5,718
▲ € 5,593 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1.8 million
▲ 224% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 100,069
▼ 31% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 80,117 | - | |
| Gross margin | € 293,976 | € -119,686 | € -660,143 | € -505,635 | ▲ € 154,508 |
| Profit after taxes | € 8,006,851 | € 11,557,164 | € 5,653,245 | € 11,454,277 | ▲ 103% |
| Equity | € 121,257,071 | € 127,714,235 | € 127,867,480 | € 157,446,756 | ▲ 23% |
| Total debts | € 23,899,908 | € 23,789,439 | € 46,223,155 | € 59,048,662 | ▲ 28% |
| Cash | € 16,544,920 | € 34,141,288 | € 16,976,092 | € 26,989,579 | ▲ 59% |
| Retained profit | € 21,257,071 | € 27,714,235 | € 27,867,480 | € 32,446,756 | ▲ 16% |
| Dividend | € 5,000,000 | € 5,100,000 | € 5,500,000 | € 6,875,000 | ▲ 25% |
| Balance sheet total | € 145,156,979 | € 151,503,674 | € 174,090,635 | € 216,495,419 | ▲ 24% |
| Employees (FTE) | 6 | 5.1 | 5 | 3.3 | ▼ 1.7 |
Key figures of WE Environnement, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to WE Environnement?
What happened at WE Environnement in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Alain GILLIS stepped down as director. NBB
- Eline WAUTELET stepped down as director. NBB
- Marcel DORMANN stepped down as director. NBB
- Valérie MAES stepped down as director. NBB
- Philippe CREVITS stepped down as director. NBB
- SOCOFE stepped down as director. NBB
- Renaud MOENS stepped down as director. NBB
- Dimitri DE WEYVER stepped down as director. NBB
In short
From € 8 million profit in 2022 to € 11.5 million profit in 2025.
Paid € 349,595 in corporate taxes since 2022.
Best year ever: 2023, with € 11.6 million profit.
On average € 49,000 of value added per employee in 2022.
A new publication or filing at WE Environnement? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Wallonie Entreprendre, SOCOFE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
WE EnvironnementThe shares are held by Wallonie Entreprendre (80%) and SOCOFE (20%). It owns 100% of WOW, 50% of OILCO, 50% of HeCos, 50% of REVATECH, 49% of SOLEA INVEST and 49% of DEMAINVEST itself.
Directors
According to the 2025 annual accounts
Alain GILLIS
Chairman of the board
Also active at: SOCIETE PUBLIQUE DE GESTION DE L'EAU, AQUAWAL, ORES Assets, WATER & CONSTRUCT EXPERTISE, Société digitale des Eaux de Wallonie, OPERATEUR DE RESEAUX D'ENERGIES
since 2011 · until 2030
since 2025 · until 2030
Valérie MAES
Director
since 2023 · until 2030
since 2023 · until 2030
Director · represented by Jean-Marie BREBAN
Also active at: C - Power, SeaMade, GREEN4POWER, OTARY BIS, NORTH SEA WAVE, ESTOR-LUX, PERPETUM INFRA 4BE, Estor-Lux II +7 more
since 2020 · until 2030
Renaud MOENS
Director
Also active at: Société Nationale de Construction Aérospatiale, SOCIETE PUBLIQUE DE GESTION DE L'EAU, Charleroi Entreprendre, PUBLIGAS, AQUAWAL, SOCOFE, Wallonie Entreprendre, 6K venture capital +1 more
since 2023 · until 2030
since 2024 · until 2025
since 2025 · until 2030
since 2023 · until 2025
Shareholders
20%
Participations
100%
50%
50%
50%
49%
49%
38%
26.3%
24.4%
22.5%
22.5%
16.3%
15%
14.9%
12.5%
11.9%
10.9%
10.9%
Establishments
Establishment units
Physical locations of this company
Avenue Maurice-Destenay 13
4000 Liège
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 43 companies are registered at this address.
All companies at this address →SOCIETE DE GESTION DU FRI DE LA REGION WALLONNE
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SOGESTIMMO
€ -22,100 gross margin · 2025
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€ 2.9 million gross margin · 2025
SPARAXIS
€ 248,646 gross margin · 2025
+38 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0426.516.918
- VAT number
- BE 0426.516.918
- Registered office
- Avenue Maurice-Destenay 13, 4000 Liège
- Names & denominations
- WE Environnement
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 October 1984
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Holdings
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering